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our economy, we can keep the sales tax flat at its current level and cut income taxes on our lower income working families to 1.9% and drop the top rate to 3.5%. this glide path to zero will not cut funding for schools, higher education or essential safety net programs. and for those who come to kansas or stay in kansas because of lower taxes, let me tell you, opportunities abound. an all-time record of more than 15,000 new businesses formed in 2012, a sign of strong economic growth. we are, as you know, the air capital of the world. our aircraft industry is back on the ascent, and southwest airlines is soon to land in wichita. we are the nation's breadbasket and its meat counter and are becoming its dairy section as well. our oil production is hitting a high not seen in more than a decade with billions of dollars of a new vertical and horizontal drilling. we are number one in new wind investment with nearly $3 billion of new investment last year alone and more to come. our rapidly growing animal health sector that stretches from k-state in manhattan to johnson county grabs a 30% o
the world. china's economy rebounds into the fourth quarter, beating expectations and snapping seven straight quarters of slow growth. >>> the british government says there's no indication that the hostage crisis is over in algeria as the reports emerge that doesz may have been killed in a rescue operation. >>> investors are unnerved by big spending plans in 2013. plus, glencore pushes back its mega merger by weeks as the regulatory commission begin necessary south africa. >>> welcome to the program. i want to bring you some breaking news in terms of energy prices. the iea is out with its latest 2013 oil report. it expects u.s. oil demand to remain flat on the year. but the headline here does appear that the market, according to the iea language here, is tighter than we thought. all of a sudden, the market looks tighter than we thought. that's the main message we're getting from the organization. it says the world forecast to consume about 90.8 million barrels per day in 2013, up by about a quarter of a million since december. despite seeing the u.s. slight to even negative, seen as
downturn. the problem is the program has not worked well. it is not tied to the condition of the economy. it needs to be fixed. roseanne. -- >> roseanne. >> i am inspired. i want folks to understand they have to engage. they cannot trust those in washington d.c.. we have got to take control in our democracy. i want to talk about the fact this goes back to unemployment. it is a very easy read. it cuts to the chase in terms of facts that there are programs to get through and get 100% employment. do not discount america. take control of america. [applause] >> i forgot to mention, the book is called america's poor and the great recession. ideas about what democrats and republicans can agree on. speaker gingrich. >> thank you for assembling an amazing group and a fascinating evening. i hope everybody found it as intriguing as i did. it is clear our institutions and poverty -- institutions are not working. there is a need to rethink from the ground up and use all of the various technologies. then have a conference at the end and then give a major speak. i think we do not have the solutions in
and spending cuts which could embroil the economy and stock market in a new round of uncertainty but it kicks that can down the road, so is that why stocks are a bit tempered today? we'll take a look at that. the dow right now up 12 points. we are flirting with those five and a half year highs, 13,610 and change would be that five and a half year high so we're just pleau that right now. the nasdaq down another eight points at the moment at 3127 and technology among the groups suffering today. the s&p, again, here we go again. any positive close for the standard & poor's 500 would be another five and a half year high for the s&p. let's take a closer look at the markets in today's closing bell exchange with our guests. andres, you and i were talking about the markets earlier. what do you think? getting ahead of ourselves with the rallies we've had so far this year. >> earnings matter, and we're in earnings season. to a certain extent we might see some consolidation in the short term. if we look at valuations, still looks attractive or trading 13 times future earnings, 12 months ahead. the avera
to a better economy. keys to your house, a new house hopefully. connell: let's talk about the markets. nicole petallides starts us off as she does each day with stocks now. nicole: taking a look at a market that really has shown strength over the last seven of the past nine weeks. the dow trading as high as 13,682 prior to pulling back here into negative territory. we are seeing multi- year highs. while they see the trend to the upside, they rally to resist it levels. i wanted to take a look. it was lower in the free market. the cfo, chief financial officer, gave an outlook for 2013. it is now trading higher on this conference call. their wireless margins took a jump. a good outlook. back to you. dagen: thank you. congress is heading back to work just one day after president asked both parties to come together and stand behind his visions. connell: house republicans may be less than willing to join him. rich: so is the bipartisan goodwill. the effects of the inauguration starting to disappear a bit from washington. some tourists remaining in town. we expect them to drop the same lines we have
having different task force for the visa according to the economy? >> there has to be away -- a lot of our laws date back to the 1950's. some to the 1960's. there has to be a way of bringing it up to date. those are things that will have to be negotiated. all be just say it can't managed by a central system in washington where washington decides how many nurses we need, how many farm workers. business will have to play a role and business will have to be the determining factor in order to make this work in a practical way. >> think for a man and that 10,000 people a day retire in the united states, seven days a week. we are a nation with unemployment and with a shortage of people that go to work at specific jobs. the secretary's point is on target. if you try to do this with an overseer of exactly how many left-handed nurses and right- handed carpenters get into the added states, we are doing the wrong thing. we need to do it on demand. if we have an extraordinary need to be competitive, and many, because of the price of energy and the fact the country is probably will have and have
. the debt ceiling, we need that certainty for the markets, for our economy. we know what happened when the republicans played around with not raising the debt ceiling in august of 2011. the economy was deeply hurt. we're in a recovery and we certainly should not let the republicans let us slip back with failing to provide that kind of certainty and not only the american markets but the global markets. >> congresswoman schwartz, thanks so much for coming on the program after a long weekend. appreciate it. >>> carrie, what's the republican strategy here? what happened with this extension? >> well, it's hard to view this as anything but a retreat of sorts. i mean, a few weeks ago, certainly in december, there was a lot of talk about using the debt limit in february to extract more from the president and the fact that they're pushing it back shows that they were not as confident in that position as they would like. they were pretty isolated in terms of the position. the business community was telling them not to do it. high profile conservatives were saying the same. this now sets them up
, in immigration reform and, above all, in what we have to do to invest to grow our economy and grow opportunity. >> pelley: you know, i don't think gun safety would have been at the top of the president's agenda two months ago but after newtown, of course, it has become -- >> it's impossible to turn away from it now. it's impossible. >> pelley: which leads to the question: what do you expect to see from the president in terms of resolve on this as we get farther from the tragedy itself? >> well, i think you saw in the president's announcement, i think it was last week after the vice president's series of recommendations, what the contours of his proposal will be in terms of an assault weapons ban, a limitation on access to military style clips with multiple rounds in them. i think he's shown consistently a willingness to reach out to gun owners, sports men and women and hunters to make sure their interests are respected, consistent not just with the second amendment but consistent with their reasonable interests. but i think the idea of insisting that we do what we can as a federal and as state
spend on everything from education to public safety less as a share of the economy that has been true for a generation. that is not a recipe for growth. we have to do more to stabilize the finances over the medium and long-term, and also spur more growth in the short term. i have said i am hoping to making modest adjustments to programs like medicare to protect them for future generations. i also said we need more revenue for tax reform by closing loopholes for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we consult the deficit issue without sacrificing our investments in things like education that are going to help us grow. it turns out the american people agree with me. they listened to an entire year's debate over this issue, and they made a clear decision about the approach they prefer. they do not think it is fair to ask a senior to pay more for his or her health care or a scientist to shut down like that saving research so that a multi millionaire investor can take less in tax rates then a
sensitive to the economy commodity in the world. ip took out a lot of capacity. ip is a genius. this company's had an unmitigated run. capacity's constrained, prices going up, 95% of capacity. that is like -- you can put the price increase after price increase, that says the economy is much stronger than expected. this is the first commodity to raise prices big when things get better. they're raising prices consistently. very bullish. >> that is a great, great tell. still more to come this morning. get ready for an ipo hat trick, sunco energy partners, norwegian cruise lines, all making their debuts this morning. stick around to see how they open for trading. the opening bell is just a few minutes away. what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. ♪ [ indistinct shouting ] [ male announcer ] t
economy that provides equal opportunities for all americans with no barriers born of bigotry or discrimination. putting america back to work means putting all americans back to work. ending inflation means freeing all americans from the terror of runaway living costs. all must share in the productive work of this new beginning,' and all must share in the bounty of a revived economy. with the idealism and fair play which are the core of our system and our strength, we can have a strong and prosperous america, at peace with itself and the world. so, as we begin, let us take inventory. we are a nation that has a government -- not the other way around. and this makes us special among the nations of the earth. our government has no power except that granted it by the people. it is time to check and reverse the growth of government, which shows signs of having grown beyond the consent of the governed. it is my intention to curb the size and influence of the federal establishment and to demand recognition of the distinction between the powers granted to the federal government and th
market economy and grow the business in a slow growth world economy. again, reflecting slow growth overall. i think they had strong numbers when it came to agency. some of those numbers up by 18%. volume was driven by agriculture with robust tales in latin america and a strong selling to the north american selling season along with increases in asia pacific for performance materials, electronics and communications and performance chemicals. >> the stock was higher a year and a half ago or so. but in terms of the last year, it's getting -- it's sort of the in the mid point of the trend. coming back, at least trying to get back to where it was earlier. all-time highs are at about 58. >> in corporate headlines, more developments in the boeing story. there are indications now that the dream liner could stay grounded longer than initially anticipated. investigators turning to the maker of the lithium ion batteries that are used in the planes. that is gsyausa. investigators visited the batterymaker yesterday. shares of boeing have started getting to the low end of the range after some ch
talked about politics and about constitution, institutions. we talked about the economy although we've alluded to this aspect to it let me ask you to take off your journalist hat and put on your markets have and ask a simple question is venezuela going to buy, sell or hold? >> i think what we are going to see in the short term is a great deal of turmoil to reverse of markets -- capital flees some certainty. so, right now you have on uncertainty because nobody knows what's going to happen. nobody knows that he's alive or dead or on life support although we did hear from his brother yesterday that he is not in a coma. we thought he was either in a, or on life support. now we know he is not. other really insightful information we've gotten from the regime or that he's in a stationary situation. i have no idea what that means. that is a stationary situation. >> his treatment was being assimilated. they are still using that, his treatment is being assimilated. so we haven't really had any insight into whether chavez is going to make it or not. the prospects are probably that he is not. w
to fly. and thanks to the strength of the global economy no, airline can afford to cancel an order with boeing. jumbo rival airbus sold out for years. and you can't get back in the queue with boeing if you cancel. you will be stuck with older, less fuel efficient planes to deal with a higher priced oil environment when you can fill every seat you have and then some boeing, which should be the single greatest short of our lifetime, frankly, actually rallied 92 cents today. a bear's worst nightmare, which, of course, is there for the single best possible dream. for a bull. now, let's extrapolate the boeing story. we were supposed to have a horrendous, hideous economy. those guys real downers. why? because confidence is way down. because washington's gridlocked. it's horrible down there. president, republicans, care less about the economy. supposed to be crushed, absolutely annihilated about worries of the upcoming debt ceiling, and decimated, laid to waste by the end of the tax holiday. rich people stopped dead in their tracks by new tax hikes. one so steep we were supposed to switch
, growthing -- growing faster than the economy. we have to fix the social security system making promises that are bigger than which we can pay out down the road. .. but he recognizes the threat it putouts there in the economy in that you can't possibly imagine the real growth coming without a sense of stability. the with coming from knowing what these changes will be so you could have planning investments, job creation, all the necessary pieces of moving the economy forward. the big wild card is when people are going to make these tough choices instead of using them to fight in the normal political boxes. what is going to happen next? it's on a different path than i would have thought. if you think about the prospect theory which basically says when you're delivering good news you want to do it in lots of little pieces if they got a promotion than you want to tell them they got a raise and then tell them they got a bigger office. each piece of big news is good and makes people happier. if you were doing bad use and waiting for an airline that is going to be delayed. i think it really app
did. the fact is we still have a good fundamental backdrop. the economy is expanding. it's not contracting or growing. value sheets are strong and valuations are very attractive so what is there not to like? >> you're our resident skeptic today, and i would point not to the normal averages that we quote every day, but look at the dow transportation average which could close at an all-time high today. the transportation companies, often a leading indicator for the economy. if they are doing well. chances are the economy is going to get better. wouldn't that make you want to buy stocks right now. >> it does. we're not -- we're actually a little bit more bullish, esespecially the first six months of the year. we still are expecting slow growth, commodities where we're shorting assets, but in terms of u.s. and in terms of international, we do expect growth, and we are excited about what's happening, but later on in the year i think it's going to be another story. >> what do you mean by that, later on in the year? what's going to be the upset later on in the year? >> there's a
" live from the dubliner coming up. >>> the state of our economy calls for action bold and swift, and we will act, not only to create new jobs but to lay a new foundation for growth. we'll build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together. we'll restore science to its rightful place and wield technology's wonders to raise health care's use and lower its cost. >> here we are four years later. why not come back to the dubliner? all you did too. my, lord. the line goes around the block. a wonderful, joyful crowd. thank you all for coming. joining us now with the politico playbook, the politico executive director jim. >> i'm always a dose of sunshine in the morning. you guys were talking about ted cruz and his comments on gun control. i think what people need to realize, ted cruz is a mainstream republican with this senate and this house. his views, he's not on the conserveative edge of the party. that is the party. when you think about the budget, think about gun control -- >> saying the president exploited
are doing is saying that's a nice economy. like a 1930s gangster movie. that's a nice economy. pity if it blows up if you don't pay me off with what i want. that's a direct threat and the hostage is the entire economy. we will default and if we default, we will have a depression. a real depression and the interest rates will spike on every public and private loan. we will have a mass unemployment like now. now. i love the mafia analogies. keep it up. the sandy relief bill. this is not supposed to be politicized. 179 republicans in the house vote against it including people from louisiana, mississippi, alabama and gulf states y. did it become so politicize and have a hard time getting through? >> i don't know. maybe it's because it's the first time that we had disaster relief of a large amount since this congress got elected. certainly there was a list of something like 67 members and asked for and voted for and demanded the rein their states for natural disasters hit in the midwest and the gulf coast and so forth and refused to vote for it now. no rational answer to that. i like to
the teaay rise is linked t the struggling economy... and greater competition for new jobs.the national drrpout rate is about 3-percent verall.... which is down from the yyar before. 3 after a celebration, president obama will wake p with many challenges to face in his second term. tory dunnan has a llok back at the past few days and hat's nextt p3 "today weeexperienced the - majesty of our ddmocracy." -3 president obama''ssecondd inauguration followed ámost &paround, thhre wwre a coupleeof repeaas.becauseejanuary 20th fell on a sunday, obamm took the oath of office...noo once & "iibarack hussein ooama do sooeenly swear" bbt twice."so help you goo?""so help me god." the presiddnt anndfirst lady walked part of the parade &proote along pennsylvania avenue... getting outtoo the - car more than once. and michelle obama....wore a long red gown toothe inaugural balls. she chose the same designer -- jaaon wu -- who - she wore to the inaugural - balls four ears ago. as for the president, t was his second crack attdellvering an the maggitude of the momeett "we
...how the recent dip in american paychecks-- is effecting the economy. the school of sachs. do you have what it takes to cut it in a goldman sachs business class? and... why bulls are rushing the market ... first business starts now.... you're watching first business: financial news, analysis, and today's investment ideas good morning, i'm angela miles. it's january 22nd. in today's first look strap yourself in.. between action this weekout of washington and a heavy week of earnings it's likely to be an active trading week. stocks inched up modestly during the past trading week. nasdaq gained the least-- mostly because shares of apple lost nearly 4%. the senate takes up the assault weapons ban... and johnson and johnson is reportedly negotiatin a $2 billion dollar settlement with patients who received recalled artifical hips philip streible of rjo futures joins us now for a look at the trading week ahead. good morning to you. hope you had a nice weekend off. let's start with this bullish situation. i'm almost starting to feel like there are too many bulls in the market. everybody loves t
a great deal of work to be done on the economy and a great many other things. nora o'donnell, the co-anchor of "cbs this morning" is down on the national mall and she has insight on what the president is looking to in a second term. >> that's right. on a day like this when most americans have expressed their frustration with washington, political leaders, this is day that we see hundreds of thousands of americans turn out to witness this piece of history. every second-term president since dwight eisenhower has had to deal with an opposition party in congress. that's nothing new that president obama is facing in this second term. but he's going to try and capture i think some of the magic of bipartisanship on a day like today. trying to put it in a bottle. because he really has a very ambitious agenda for his second term. we have heard him talk about it. gun safety, immigration reform. deficit reduction and those looming spending cuts that are a part of the sequestration. so that's lot before the president. but as major has noted this is a speech today that's not about specifics, but
and undermine their idealism. if we permit our economy to drift and decline, the vulnerable will suffer most. we must live up to the calling we share. civility is not a tactic or a sentiment. it is the determined choice of trust over cynicism, of community over chaos. and this commitment, if we keep it, is a way to shared accomplishment. america, at its best, is also courageous. our national courage has been clear in times of depression and war, when defending common dangers defined our common good. now we must choose if the example of our fathers and mothers will inspire us or condemn us. we must show courage in a time of blessing by confronting problems instead of passing them on to future generations. together, we will reclaim america's schools, before ignorance and apathy claim more young lives. we will reform social security and medicare, sparing our children from struggles we have the power to prevent. and we will reduce taxes, to recover the momentum of our economy and reward the effort and enterprise of working americans. we will build our defenses beyond challenge, lest weakness invite
. >> we must not permit and artificial debt ceiling to throw the country into default and our economy into chaos and depression, which is exactly what the republicans are threatening to do. jon: some conservative groups warn that removing the limit is a recipe for economic disaster, as we're seeing now in greece. the leaders of heritage action family research council and club for growth writing in an op ed they want congress to balance the budget within ten years and keep it balanced. quote, no american should have to tell an eight-year-old child that we cannot get our nation's house in order by the time she goes to college. there are many ways to get to a d republicans haved both an obligation to explain what path they will choose. jonah goldberg is editor at large for national review online, he's also a fox news contributor. get rid of the debt ceiling all together? jonah, what do you think about that idea? >> well i don't think it's a disaster if we got rid of the debt ceiling but i'm not in favor of getting rid of the debt ceiling. most countries don't have a debt ceiling. you sti
and the noes thtion th inequality is not a necessary component of the economy. and we want to believe all of those issues. and i think what the president was saying, was, look, we have elections. and when you have a full debate in an election and the outcome is pretty clear cut, then it's his obligation and his right to move forward on all of those issues. >> and as we are watching the navajo nation just went by, their float, one of the things i saw today, melissa, is the whole changing of the demographics of america was reflected at the inauguration, as we look at native americans float goes by, as we heard a president for the first time refer in an inaugural address to same-sex marriage and to gay rights and talking about gender rights and he was sworn in on martin luther king's bible, had those of us in lead civil rights organizations, their labor organizations. they're on the platform. not in a guest seat somewhere else, right there only the platform. and martin luther king's son. i mean, i think that he was saying america has changed. and we've got to deal with the change and let's s
have the will to the poverty a priority with in this country? >> you have to have the real economy. but we have now? i am amazed -- you could talk about public education, we could talk about health care. everyone knows that a single payer health care system would -- insurance would cover everyone. insurance companies would be gone. cost, quality, access would be at a premium in terms of our ability to be a civil society if we had a single payer health care system. we could generate almost 3 million jobs, which would serve to stimulate the rest of the economy when you are building -- and actually taking care of the people. they know that in washington. viable. -- valuable. they just want to privatize it. i think you all doing a beautiful job -- the nurses appreciate you so deeply. honestly, the progressive caucus, the black caucus -- but one of the things that you said, and i completely agree, is that you have got to push. we have got to treat a movement in this country -- occupy was a moment. it needs to start up and keep going -- it needs to bring millions of people with it. the r
the steady riie is linked to the struggling economy... and reater competition or new jobs.the national dropout rate is about 3-percent overall.,.. which is down from tteeyear before. today federal investigators in the u-s are schedulee to pooduct more tests... to dreamliner -8-7.suspicions about the batteries and a possibbe fire risk prompted the u-s and ther ations... to ground all 50 dreamliners worlddide last week.the aircraft costs about 200-million dollars to make. 33 even though john harbaugh would rather downplay ii... gorilla in the room.he's facinn his own flesh and blood &ppn tte super bowl. bowl.ffr he first time in any major american professional sport... brothers go &phead-to-head n a championshi game.but bott john anddjim agree... that'' nnt the story tt focus o here. interesttng. there's nothinggy 3 more to learn. you know the tape across the middle of the room storyy ok? you got it. you know it's ok. we're just liie any otter family. and i really hhpe the focus is noo so much oo that. i get it, itts really cooo and exciting 01:00:45:33 im: "you know two bowl and
, brought in bob gates and began to move to slightly more of a center position before the economy collapsed. >> rose: so what's the challenge for president obama in the second term? >> it's mense, brendan sullivan one of the great defense lawyers here in washington always says when you're in a negotiation and you have the upper hand as obama has had in the first term and may continue in the second term, when you have that upper hand and you beat your opponent you need to let them leave the field with dignity. and that is not obama's style. if you google "obama rebukes republicans" it goes on and on andn. he is always going after the people -- his beating. just a tactically i think that's a mistake and hopefully it will change. on the foreign affairs front if you talk to the intelligence people they say that the world is increasingly dangerous, you have meltdown situations potential meltdown situations not just in syria and the middle east, pakistan, north korea whh hashe bomben like iran and that is just ticking away. there's the egypt problem, there's what's going on recently in algeria an
of the economy of iran, and the iranian currency is in free fall. they're feeling a lot of pressure but we don't know a lot about khomeini and how he sees the world. this was a line meant to reach him specifically and i think that is -- this is part of moving to what "the new york times" talked about before, which is the probability of bilateral negotiations between iran and the united states. >> well, you know, richard, here in the politics of america, you're overseas in the risky areas and i'll talk to you about that later, but it seems to me the people heard the same message on both sides of the american argument. i noticed today the qukly standard. bill cross toll and i found the same line of the president's speech the most memorable about turning enemies in friends. two points, first our forbearers were only able to win the peace because they first crushed our enemies in war. but under president obama we're not committed to winning our wars we're committed to ending them. does obama really think we're going to win the peace after not winning the war? the formulation obama chose and not ju
promises. or helping the economy. how did you weigh those? when he makes a promise on the plus side, does he get a plus on at 500 or does he get a negative? the net -- the next time, does he get guest: we have a category called obama's top promises. you can look at those and you can see that i think his record of fulfilling them is not quite as high as overall. you make a good point -- some of his promises were sweeping and thematic and others were very specific. there were two that were lighthearted -- we included two promises like that. one was his promise during the campaign that he would buy his daughter as a puppy which is a promise kept in the other was that he would fight for a college football playoff system which we also raided a promise kept indeed, you could say this is the aggregate and you need to look in on the more narrow numbers. we published an article yesterday but we welcome anybody who wants to tally them up in different ways and provide an analysis. all promises are not created equal. host: we are looking at the top promises on politifact - tell us more about compromi
on an economy of scale, you know, go with organic with the ones that have the highest levels of pesticides. our website has a link to those tips so i can show you where that would be. and now we're going to pop into the living room and talk about flame retardants which are an important issue for any firefighters who are working in the field because it's those burns that are going to create exposures, so as folks in the home are thinking about that, once they found that frequent hand washing can reduce the actual levels of these flame retardants because we touch them, they get on our hands, they're in household dusts and make their way into our bodies, so washing them off our hands can reduce exposures, using a vak coupe with a hepa filter and a big move that could come down the pike is going down to legacy fabrics like wool and fabric that don't require the use of these mraim retardants at all and burn much more slowly, this's been some amazing videos that you can look at that you may have seen that show the legacy fabrics burning so much more slowly than the flame retardant treated ones, so th
show and says i think 2013 is setting up to be a cautious year. how will the us economy respond? she goes onto say the definite needs to be dealt with in a matter of months. back to stephanie again. she tells me that all anyone is doing is focused on the numbers in lat tip america. so a stock that has been sinking goes flying up. it ends up being one of the best performing stocking. again, a huge move for this one. believe me, if these were isolated examples i would be fine with them. but there are so many like this, you can see why all of this trading is fraught with calamity and chances for you to lose money with every twist and turn. i sure liked the look of ibm and google earnings and i liked the way the stocks traded after the close. until i hear the conference call myself, i am not going to pronounce them as terrific. i'm goi ining to say come on ji. >> how can you blame me for not wanting to pull these quarters apart myself? do the analysis myself? my charitiable trust, it is not idle chatter when i say these are the worst times of the year to try and make money. even if the d
into that broader vision. he reformed one six of the nation's economy with health care. now, he will go to the next level with global change on the environment. i see that as a sleeper and agree it was a very progressive speech. the idea he's putting a period on the reagan period saying this is a new day, we're going a new way and these are the agenda items i will touch on. the question for us, joe, conser conservatives how do you make the chess table now, he's made a couple moves and been successful on those moves and how do you post those? >> i'm glad you brought up chess. that's what requires thought and strategy and skill. republicans have been walking up to the chess board the past several years and waving their arms. here's a party facing the president with a 70% approval rating as far as being likable. 52% of americans approve of the job he's doing as president. only 26% approve of the republican party. john boehner has an 18% approval rating. the tea party, 9% approval rating. this is a movement, this is a party in retreat and that's why the president did what he did yesterday. >> let's loo
of the struggling economy that's created greater competition for new jobs. darya. >> thank you a lot more. in national moods, supporters of longtime pen state football coach joe paterno are marking the one-year anniversary of his death with a candlelight vigil. the hall of fame coach died of lung cancer last year at 85. his supporters will hold a vigil at the mural in state college that includes a depiction of paternal. the paternal family is expected to attend. >> organizers say they will like 409 candles, one of each of paternal victories before many were stripped as part of the n.c.a.a. sanctions in response to the jerry sandusky sex abuse scandal. >> today marks the fourth anniversary best-40 th anniversary of the roe vs. wade supreme court decision. and a new poll finds the majority of americans who for the first time believe should be legal in all or most cases. >> 7 in 10 people are against roe vs. wade being overturned, which is the highest percentage since 1989. according to the poll, 54 percent of adults said should be legal either always or most of the time. meanwhile 44 percen
economy requires railroads and highways to speed travel and commerce, schools and colleges to train our workers. together we discovered that a free market only -- and fair play. together we resolve that a great nation must care for the vulnerable and protect its people from life's worst hazards and misfortunes. through it all we have never relinquished, nor have we succumb to the fiction that all society's ills can be cured through government alone. our celebration of initiatives and enterprise, our insistence on hard work and personal responsibility, these are constant in our character. we have always understood that when times change so must we. that fidelity to our funding principles requires new responses to new challenges. our individual requires collective action, the american people can no more meet the demands of today's world by acting alone than american soldiers that met the forces of fascism or communism with musicales and militias, no single person can train all the math and science teachers we'll need to equip our children for the future or builds the roads and networks an
but to secure equal pay for equal work, it to protect medicare for seniors and to build an economy that works for the middle class. that is exactly what we should expect from washington. i am proud to say we have a president we can count on it. president obama has taken strong stands with women and families on health care, equality, economic security. he appointed two fantastic women to the united states supreme court. he chose his biggest rival to be his biggest partner on the world stage. we are so proud of hillary clinton. president obama trusts women and women can trust president obama. we have reason to feel good about where we stand today. with the movements like the one we have built together we have reason to aim high in the years to come. last cycle we more than quintupled its the size of our community. we were using technology to open our doors to another generation of women and men where we meet up. we are reaching them where they are, helping them understand what is at stake and adding their voices to our movement. i am proud to say that emily's list is now more than 2 million mem
for market, sellers and buyers and the economy overall. >> reporter: we're not there right now? >> we're really hot. >> reporter: too hot? >> i think so. too hot to sustain. >> reporter: a lot of factors influence that median price including artificially low interest rates and buyers feeling pressure to bid ever higher. the fear is that the whole thing could collapse again. nobody wants to go back to 2009. but the warnings are there. if the market gets too hot, somebody could get burned. in concord, john ramos, cbs 5. >> the industry experts predict the higher prices will eventually lead to more inventory for sale. to see the housing numbers broken down county by county go to our website, cbssf.com. click on news. >>> a barber and father of a five-year-old girl is the first homicide victim of the year in san jose. cbs 5 reporter elissa harrington shows us the victim's family is turning to the public in their quest for answers. >> we don't want to wake up every morning asking the same question, why and who? >> reporter: why 34-year-old ivan segur
and tell people it is going to save their economy, when actually it devastates local communities. >> hundreds of people gathered in new york city on saturday for a public memorial service honoring and schwartz, the internet freedom activist who took his own life earlier this month. he was weeks before trial date for downloading millions of articles provided by the nonprofit research service jstor at mit. swartz was facing 35 years in prison, a penalty supporters called excessively harsh. at the memorial, aaron swartz's partner, taren stinebrickner- kauffman, called for prosecutors to be held accountable. >> on last friday he face the prospect of yet another three months of uncertainty of ups and downs of being forced by the government to spend every fiber of his being on this damnable, since this trial. with no guarantee could exonerate himself at the end of it. he was so scared and so frustrated and so desperate and more than anything, just so weary. i think he just could not take it another day. aarib would have loved to have been here because of the last week, phoenix's are al
and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. >>> good tuesday morning to you. time is 7:19. backup at the bay bridge. we'll get to mike's report in just a moment. temperatures right now running very cold. we'll finish out the day in the mid 50s. 56 degrees inland. 55 degrees at the coast. tomorrow we climb even more so and then we'll hit mid to upper 60s friday into saturday. hope you have a fantastic tuesday. stay warm out there. >> announcer: come on, let's go skydiving, savannah. it will be fun. come on. team skydive. >> team, no. >> yeah. they want to see that. come on. >> you all can skydive. i'll watch from the ground. al, thanks so much. >>> is apple losing some of its cool? stock prices have been falling for months. now there's reports that the company is planning to build fewer iphones. tom costello has more on this story. tom, good morning to you. >> savannah, good morning. by many standards, apple is a world leader. it is the world's most valuable tech company if you've been invested in their s
control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. the blissful pause just before that rich sweetness touches your lips. the delightful discovery, the mid-sweetening realization that you have the house all to yourself. well, almost. the sweet reward, making a delicious choice that's also a smart choice. splenda no-calorie sweetener. with the original sugar-like taste you love and trust. splenda makes the moment yours. with the original sugar-like taste you love and trust. and they won't be beginners for long. give a couple beginners a great idea, they'll go to where they can get the skills, the savings, and the supplies they need - to go from beginning... to doing... to beautifully done. more saving. more doing. that's the power of the home depot. right now this shaker vanity cabinet is a special buy at just one hundred, ninety-nine dollars. call (star star)thd to shop now. with hand-layered pasta, tomatoes, and real mozzarella cheese. but what makes us even prouder... is what our real dinners can do for your family. stouf
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